Speaking at an event in Delhi, US Ambassador to India Eric Garcetti adds 'FDI isn't flowing into India at pace it should' & New Delhi must not view its self-reliance as 'fortress'.
India's trade minister Piyush Goyal and his US counterpart Katherine Tai held their annual trade policy talks in New Delhi on 12 January. Tai is on a three-day visit to India.
With exports worth $453 billion and imports to the tune of $723 billion, India’s overall international trade reached $1.17 trillion, 21% above previous year’s $969 billion, official data show.
Keshap, president, US-India Business Council, tells ThePrint that closer economic ties between the ‘stable democracies’ can lessen Ukraine war’s impact on energy, commodity prices.
In an interview, Nisha Biswal, president of US-India Business Council (USIBC), said the countries need to set a more ambitious agenda for two-way trade at upcoming Trade Policy Forum.
India appreciates the US' support to its joint initiative with South Africa to seek a waiver of Intellectual Property Rights for Covid-19 vaccines at the WTO, Shringla said.
US says if restrictions aren’t checked, India can’t be integrated into global supply chains. China raises FDI issue, EU says Covid has amplified barriers.
The Commerce and Industry Minister further said that it is in the interest of India and the US to deepen their strategic partnership with the trade deal.
Naidu’s summit brings in MoUs on same scale as Jagan’s, but CM says his plans built on speed, certainty & investor trust, with escrow accounts, simplified incentives & real-time oversight.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
Issues like mobility, EVs & IPR transfers seem to be common impediments while India discusses FTAs with various countries and groupings